Sr. Category Specialist

Sr. Category Specialist - Norristown PA Monday to Friday 8:00 AM to 5:00 PM

Pay range: $80700 per year

Salary offers are based on a wide range of factors including relevant skills training experience education and where applicable certifications obtained. Market and organizational factors are also considered. Successful candidates may be eligible to receive annual performance bonus compensation.

Benefits Information:

We are proud to offer best-in-class benefits and programs to support employees and their families in living healthy happy lives. Our pay and benefit plans have been designed to promote employee health in all respects physical financial and developmental. Depending on whether it is a part-time or full-time position some of the benefits offered may include:

Day 1 Medical supplemental health dental & vision for FT employees who work 30 hours
Best-in-class well-being programs
Annual no-cost health assessment program Blueprint for Wellness
healthyMINDS mental health program
Vacation and Health/Flex Time
6 Holidays plus 1 MyDay off
FinFit financial coaching and services
401(k) pre-tax and/or Roth IRA with company match up to 5% after 12 months of service
Employee stock purchase plan
Life and disability insurance plus buy-up option
Flexible Spending Accounts
Annual incentive plans
Matching gifts program
Education assistance through MyQuest for Education
Career advancement opportunities
and so much more!

Negotiate/ Execute contracts for goods and services on behalf of Quest Diagnostics specifically to support Co-Lab Services. Partner with business to identify value alignment opportunities. Perform ongoing program management of contracts through a formalized structured process.

• Negotiate all elements of assigned supplier agreements to ensure the lowest total cost of procurement including product cost various commercial terms and performance metrics.
• Conduct business alignment opportunity analysis to identify internal opportunities with various lines of business and present the business case.
• Align closely with Category Managers to develop assess and implement strategic sourcing plans for categories assigned.
• Ability to conduct thorough RFP analysis for effective evaluation of suppliers competitiveness
• Secure compliance with the terms and conditions of supplier agreements.
• Identify and execute opportunities for procurement cost reduction and supplier performance improvement.
• Execute strategy for compliance actions/corrective actions work closely with Quality/Governance to ensure implementation.
• Complete contract due diligence and lead implementation activities.
• Track and manage savings targets to ensure savings are captured and recorded correctly.
• Resolve commercial issues associated with supplier performance issues and as cost recovery for quality problems and rework etc.
• Lead appropriate teams through the Supplier Selection Process to ensure ongoing/improved value (quality service cost) to Quest Diagnostics.
• Provide detailed analysis and information that may have a financial impact on sourcing decisions.
• Independently manage segments in functional areas such as data gathering detailed analysis and report generation. Work and coordinate with various businesses throughout the organization.
• Effectively leverages all resources (time information company position communication skills) to achieve outstanding results.
• Ability to maintain strong relationships and exert influence when needed.
• Ability to quickly grasp business direction customer requirements and supply chain management strategies.
• Proven ability to communicate to the right audience in a timely fashion using an effective communication method depending on the nature of the information
• Proven capability and capacity to manage multiple projects and functional supplier relationships while addressing tactical supplier performance issues.
• Perform other duties as assigned

Education Preferred:

• Bachelors degree in Supply Chain or Business. MS/MBA degree in disciplines such as Supply Chain or Finance is a plus
• 5 -8 years experience in sourcing/procurement in a similar or related industry preferably in a global organization

Work Experience:

• Proven track record in developing and managing supplier relationships worldwide over multiple product lines resulting in improved performance and cost.
• Working knowledge of purchasing planning PeopleSoft and systems applications such as MS PowerPoint Access and Excel.
• Strong cost modeling knowledge.
• Excellent verbal and written skills. Strong consensus-building teamwork and creativity.
• Must demonstrate competencies such as Negotiation Financial Acumen Relationship Management Problem solving Adaptability and Change management.